XPS Pensions Group (LON:XPS) Shares Pass Below Two Hundred Day Moving Average – Here’s Why

XPS Pensions Group plc (LON:XPS)’s share price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 352.37 and traded as low as GBX 336.50. XPS Pensions Group shares last traded at GBX 340, with a volume of 609,945 shares trading hands.

Analysts Set New Price Targets

XPS has been the topic of several research reports. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a GBX 465 price objective on shares of XPS Pensions Group in a research report on Monday, November 24th. Shore Capital reiterated a “buy” rating and issued a GBX 420 price objective on shares of XPS Pensions Group in a research note on Thursday, November 20th. Canaccord Genuity Group boosted their target price on XPS Pensions Group from GBX 459 to GBX 469 and gave the company a “buy” rating in a research note on Thursday, November 20th. Finally, Berenberg Bank assumed coverage on XPS Pensions Group in a research report on Tuesday, September 9th. They set a “buy” rating and a GBX 440 price target on the stock. Four equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, XPS Pensions Group currently has an average rating of “Buy” and a consensus price target of GBX 448.50.

XPS Pensions Group Stock Performance

The business has a 50 day moving average of GBX 341.86 and a 200-day moving average of GBX 352.21. The company has a debt-to-equity ratio of 17.52, a quick ratio of 1.51 and a current ratio of 1.27. The company has a market capitalization of £695.18 million, a P/E ratio of 28.57 and a beta of 0.57.

XPS Pensions Group (LON:XPS) last announced its quarterly earnings results on Thursday, November 20th. The company reported GBX 10.20 earnings per share for the quarter. XPS Pensions Group had a return on equity of 156.24% and a net margin of 128.13%.

About XPS Pensions Group

XPS Group is a leading UK consulting and administration business specialising in the pensions and insurance sectors. A FTSE 250 company, XPS combines expertise and insight with advanced technology and analytics to address the needs of over 1,300 pension schemes and their sponsoring employers on an ongoing and project basis. We undertake pensions administration for over one million members and provide advisory services to schemes and corporate sponsors in respect of schemes of all sizes, including 86 with assets over £1bn.